BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!

Business For Sale

Midas Auto Center Round Lake Beach, IL

Round Lake Beach - Lake County, IL

Auto & Mech: Services & Gas Stations

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$70,000
$464,315
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1986
4
155331044

Business Overview:

Never before has there been a better time to BE YOUR OWN BOSS in the multi-billion dollar automotive service industry. High margin vehicle maintenance services are steadily increasing as consumers keep their current vehicles in favor of purchasing new vehicles. This leading national franchise opportunity enables you to be an independent business owner, but still have access to the expertise of a firmly established chain. You will have the freedom to BE YOUR OWN BOSS, but benefit from the buying power, marketing programs and expertise that comes with 40 year of proven success in the auto repair industry. This Midas Auto Service Center is located along the highly traveled Route 83 in Round Lake Beach. Current multi-location owner is downsizing and motivated to sell two of his shops. Prospective Buyer may purchase one or both shops in Lake County.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

Midas Auto Center is a nationally recognized brand and one of the largest providers of auto service, offering total car care including brakes, oil changes, exhaust, scheduled maintenance, tires, steering and suspension services. Fully equipped, modern six bay prototype building with attractive customer waiting area, plenty of storage area and parking spaces. Classroom and on-line training is provided by Franchisor per the FDD. Additional week of training and several months of consulting would be provided by Seller. Franchisees benefit from complete training and marketing support and a franchise leadership team committed to long-term franchisee growth. Prior automotive experience is not required.

Market Competition and Expansion:

There is minimal national or regional brand competition in the area. The national franchise benefits from a high 97% brand awareness, exceptional advertising and 50+ years of experience in providing training and support systems to franchisees that are geared towards business success. Benefit from strategic alliances on the supply side and effective advertising campaigns to maximize your business. Significant growth potential to an energetic entrepreneur through expanding car counts and diversification of services, including scheduled maintenance, tires, etc. Qualified dealers may seek expansion through multi-unit ownership.

Reason for Selling:

Owner wishes to pursue other business interests.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

Resources: